Quote Originally Posted by drone View Post
But keeping at such high rates for any tax bracket just because is not a good thing.
Why not? Every single one of us would have been better off today if taxes on the rich had stayed high. And it's not "just because", either. It's because the rich beneift from society's institutions more than any other class, ergo, they should pay more. This doesn't even touch on the fact that the marginal utility of a dollar is lower for them anyway.

Quote Originally Posted by Beskar
In real-life, the recession hit, at that guy making 10k is now out of a job or on a lower income, while the guy making the 1million takes advantage of the situation and gets himself into the 100 million numbers.
Well spoken. This is almost word for word what I tell people who believe in trickle-down economics.